Governor; submission of financial plan to General Assembly. (SB1338)

Introduced By

Sen. Mark Herring (D-Leesburg)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Governor; submission of financial plan; Joint Legislative Audit and Review Commission.  Provides for the Governor's financial plan to be submitted to the General Assembly before the first day of each legislative session and for the plan to prospectively cover periods of six and 10 years. Under current law the plan is required to be submitted in even-numbered years and to cover a prospective period of six years. The bill also provides for the plan to include projections for total state indebtedness, projected future expenditures for debt service over time, and other relevant measures of debt. The plan must be updated within 60 days of the adoption of the state budget. The bill further provides for the Joint Legislative Audit and Review Commission to include a six-year projection of expenditures in programs identified as the largest and fastest growing programs in the Commission's annual report on state spending. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/12/2011Prefiled and ordered printed; offered 01/12/11 11103917D
01/12/2011Referred to Committee on Rules
01/25/2011Impact statement from DPB (SB1338)
01/26/2011Assigned Rules sub: #1
02/04/2011Reported from Rules (16-Y 0-N) (see vote tally)
02/07/2011Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/08/2011Read second time and engrossed
02/08/2011Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/08/2011Passed Senate (40-Y 0-N) (see vote tally)
02/09/2011Placed on Calendar
02/09/2011Read first time
02/09/2011Referred to Committee on Appropriations
02/15/2011Assigned App. sub: Technology Oversight and Government Activities
02/22/2011Left in Appropriations